Parker Announces Retirement of Vice President

Robin J. Davenport

CLEVELAND, Could 03, 2022 (World NEWSWIRE) — Parker Hannifin Company (NYSE:PH), the world chief in movement and regulate technologies, nowadays introduced that Robin J. Davenport, Vice President – Corporate Finance, will retire effective December 31, 2022, following 19 many years of dedicated support to the company.

“Robin really should consider delight in all she has attained through her career and almost two many years with Parker,” mentioned Todd Leombruno, Govt Vice President and Main Monetary Officer. “As a company finance leader, Robin not only served as Parker’s most important call to the investment decision local community but helped lead the company as a result of many phases of progress and expansion, navigate durations of economic recession, effectively total quite a few multi-billion-greenback acquisitions and finally achieve report fiscal general performance. We are grateful for her contributions and skillful management.”

Davenport joined Parker in 2004 as Vice President of Business Scheduling and Advancement. In that job she oversaw approximately 60 strategic transactions adding extra than $3.5 billion in annualized revenues. In 2014, Davenport was appointed Vice President – Corporate Finance with direct obligation for Parker’s worldwide treasury, company credit score, trader relations, possibility administration and economics capabilities, together with business arranging and advancement. In addition to augmenting Parker’s money allocation approach, Davenport instilled demanding acquisition and integration processes, major company finance on the concluded acquisitions of CLARCOR, LORD Company, and Exotic Metals Forming Business and the pending acquisition of Meggitt plc, all with a merged $6.5 billion in yearly earnings. Davenport also championed the launch of Peer W, Parker’s very first business enterprise resource group focused on attracting and creating gals leaders through occupation pathing, mentoring and networking. Less than her guidance, Peer W has developed from a community pilot to a fully developed world wide community with chapters in additional than 30 nations around the world.

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Before becoming a member of Parker, Davenport was Vice President, Business Improvement and Arranging for CNH Money Company (previously Scenario Funds Company). Prior to CNH, she was Vice President and Regional Senior Lending Officer for Firstar Corporation (now U.S. Financial institution).

Davenport presently serves on the Board of Standex Worldwide Corporation (NYSE:SXI) and is a member of the audit committee. She also is a board member for the Cleveland Management Centre, serves on the Finance Committee of the Bigger Cleveland Foodbank, and is Chair of the Manufacturers Alliance Investor Relations Council. She is member of the Nationwide Trader Relations Institute, Financial Executives Global and In Counsel with Girls. Beforehand, she served on the boards of the Cleveland Institute of Art, Gordon Square Arts District, In Counsel with Females and St. Joseph’s Academy.

About Parker Hannifin
Parker Hannifin is a Fortune 250 world leader in movement and regulate technologies. For more than a century the company has been enabling engineering breakthroughs that direct to a superior tomorrow. Parker has elevated its yearly dividend for every share paid to shareholders for 66 consecutive fiscal many years, between the leading five longest-jogging dividend-boost records in the S&P 500 index. Find out additional at www.parker.com or @parkerhannifin.

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Speak to: Media – Aidan Gormley, Director, World Communications and Branding 216/896-3258 [email protected]